State AG suit against Paramount-WBD chills wider media M&A
CNBC’s Lillian Rizzo reports that Paramount’s $110B WBD deal is on hold until mid-2027 amid a state attorneys general antitrust suit, even after clearing federal and global regulators. Executives now warn the state-level threat could stall other pending media combinations.
Why it matters. Other pending media mergers, like Fox’s bid for Roku, now face the precedent that state AGs can hold up deals even after federal approval.
Signal from cnbc.com · Lillian Rizzo · read the original.
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